Page 3264 - Business Finance
Volumes jump at Elgi Equipments Ltd counter
Elgi Equipments Ltd witnessed volume of 1.51 lakh shares by 10:47 IST on BSE, a 55.21 times surge over two-week average daily volume of 2736 shares
GAIL (India) update on Varanasi City Gas Distribution network
Two CNG stations commence commercial operations
Lead futures slip on weak spot cues
Lead prices drifted lower by 0.79 per cent to Rs 150.65 per kg in futures trade today as speculators trimmed their positions, taking negative cues from domestic spot market on subdued demand. At the Multi Commodity Exchange, lead for delivery in August fell by Rs 1.20, or 0.79 per cent, to Rs 150.65 per kg in business turnover of 10 lots. Likewise, the metal for delivery in July contracts was trading lower by Rs 1.10, or 0.73 per cent, to Rs 149.90 per kg in 302 lots. Analysts said offloading of positions by traders following easing demand from battery-makers in the physical market led to the decline in lead prices in futures trade.
Muted demand drags down zinc futures by 0.51%
Zinc prices slipped by 0.51 per cent to Rs 176.90 per kg in futures trade today as speculators cut their bets, driven by a fall in demand in the spot market. At the Multi Commodity Exchange, zinc for delivery in July moved down by 90 paise, or 0.51 per cent, to Rs 176.90 per kg in business turnover of 491 lots. Similarly, the metal for delivery in August contracts was trading lower by a similar margin to Rs 177.05 per kg in 16 lots. Analysts attributed the fall in zinc prices in futures trade to a decline in demand from consuming industries in the physical market.
Hong Kong Exchange brushes off Chinese snub over dual-class shares
HONG KONG (Reuters) - Hong Kong's exchange described as "temporary" a dispute with its Shanghai and Shenzhen counterparts over plans to bar investor access to dual-class shares, a move that led to smartphone maker Xiaomi Corp tumbling as much as 10 percent on Monday.
Nifty slips below 11,000
Key benchmarks were trading lower in morning trade amid negative Asian cues. At 10:19 IST, the barometer index, the S&P BSE Sensex, was down 24.01 points or 0.07% at 36,517.62. The Nifty 50 index was down 22.30 points or 0.20% at 10,996.60. The Nifty slipped below the psychologically important 11,000 mark in morning trade after opening above that level.
China Stocks fall on GDP data
China's economy expanded at a slower pace in the second quarter as Beijing's crackdown on debt risks crimped activity, while June factory output growth weakened to a two-year low in a worrying sign as a heated trade war with the United States threatens to knock exports.
Some manufacturers feeling trade war pinch: Survey
Some US manufacturers are delaying investments and raising prices as President Donald Trump escalates trade wars with key US economic partners but most companies report no change, according to a survey released today. The National Association for Business Economics also found in its monthly report that members unanimously expected economic growth to continue in the next year, with most forecasting inflation adjusted growth of more than two per cent. "Labour market conditions are tight with skilled labour shortages driving firms to raise pay, increase training and consider additional automation," Sara Rutledge, chair of the quarterly survey, said in a statement. Companies reported rising profits and higher sales expectations. But despite the scarcity of workers, a survey index of wage growth slowed after hitting a record in April. The survey, which polled 98 economists at private companies and trade associations, also found signs of rising prices, a possible sign that inflation and ...
Ahmedabad University starts global MBA programme for pharma professionals
The Ahmedabad University, in collaboration with the Rady School of Management at the University of California San Diego, has launched a Global Executive MBA Degree in pharmaceutical management to professionals employed in pharma and allied industries.
PC Jeweller tumbles after withdrawal of share buyback
PC Jeweller lost 18.67% to Rs 97.55 at 09:53 IST on BSE after the company announced withdrawal of buyback offer with immediate effect as it did not get NOC from bankers.
Xiaomi slides after China rules it out of stock connect scheme
HONG KONG (Reuters) - Shares of Chinese smartphone maker Xiaomi Corp slumped as much as 10 percent on Monday after China's stock exchanges effectively ruled it out of inclusion in the stock connect scheme that links the mainland and Hong Kong exchanges.
China's ZTE shares soar after U.S. lifts supplier ban
HONG KONG (Reuters) - Shares of China's ZTE Corp surged more than 12 percent in Hong Kong on Monday after the United States lifted a ban on American companies selling parts to the telecommunications equipment maker that had crippled its business.
Infosys advances after bonus issue
Infosys rose 1.9% to Rs 1,331.20 at 09:33 IST on BSE after the company announced liberal bonus issue after market hours on Friday, 13 July 2018.
DCB Bank allots 99,850 equity shares
Under ESOP
Ruia Aquaculture Farms shifts registered office
Consequent upon change in Registered Office of the Company Corporate Identification Number (CIN) of the Company has been changed and the new CIN is i.e L05000PN1992PLC177590
Board of Asian Hotels (West) approves preferential allotment of 1.92 lakh equity shares
At meeting held on 14 July 2018
Key Indian equity indices trade flat in morning session
The key Indian equity indices was trading flat-to-negative on Monday soon after opening.
Asian shares fall on soft China data, trade war fears
SHANGHAI (Reuters) - Asian shares fell on Monday as new data showed China's economy slowed slightly in the second quarter, compounded by fears of a full-scale Sino-U.S. trade war looming over markets.
China second-quarter GDP growth cools as factory output weakens, trade row flares
BEIJING (Reuters) - China's economy expanded at a slower pace in the second quarter as Beijing's crackdown on debt risks crimped activity, while June factory output growth weakened to a two-year low in a worrying sign as a heated trade war with the United States threatens to knock exports.
China's GDP grows 6.8%
China's gross domestic product (GDP) grew 6.8 per cent year-on-year in the first half of 2018 to about 41.90 trillion yuan ($6 trillion), official data revealed on Monday.